Look to these utilities for dependable income

Rising interest rates increase the appeal of bonds, which is generally bad news for utilities which must compete with bonds for the attention of income-seeking investors. At the same time, higher interest rates increase borrowing costs for utilities. That further erodes investors’ interest.
However, these three… Read More

Our updates for safety-conscious investors

LOBLAW COMPANIES, $118.69, is a buy. The retailer (Toronto symbol L; Shares outstanding: 321.0 million; Market cap: $38.4 billion; TSINetwork Rating: Above Average; Dividend yield: 1.5%; www.loblaw.ca), operates 1,099 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills. Its Shoppers Drug Mart chain has… Read More

5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio after COVID-19
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. The COVID-19 pandemic and the resulting inflation and economic downturn highlight the value of… Read More

Updating your Income-Growth Payer: Fortis

FORTIS INC. $55 is a buy. The company (Toronto symbol FTS; Income-Growth Portfolio, Utilities sector; Shares outstanding: 482.2 million; Market cap: $26.5 billion; Dividend yield 4.1%; Dividend Sustainability Rating: Highest; www.fortisinc.com) is the main supplier of electrical power in Newfoundland and PEI. It also owns electrical and gas utilities… Read More

Q: Pat, what do you think of me holding the BMO Low Volatility Canadian Equity ETF to lower the overall volatility of my portfolio? Thanks for all your advice.

A: The BMO Low Volatility Canadian Equity ETF, $41.20, symbol ZLB on Toronto (Units outstanding: 71.1 million; Market cap: $2.9 billion; www.etfs.bmo.com), provides exposure to a low beta-weighted portfolio of Canadian stocks. The aim is to reduce your exposure to market volatility.

The ETF selects 40… Read More